Advance Metering Technology Limited (NSE: AMTL)

AMTL Technical Analysis

3

As on
9th Dec 2016 AMTL Share Price closed @
29.60 and we RECOMMENDBuy
for LONG-TERM with Stoploss of
29.18 &
Buy for SHORT-TERM with Stoploss of
29.20
we also expect STOCK to react on Following IMPORTANT LEVELS.

Advance Metering Technology Ltd (AMTL) is an energy centric organization involved in Energy Generation through Renewable source, Energy Measurement and Energy Management. AMTL is focused towards ensuring a greener & cleaner economy with three pronged approach viz Generation of power from renewable sources, manufacturing of world class energy monitoring devices and Energy Audit Services.
Advance Metering Technology Ltd was founded in 2011 is engaged in the business of manufacturing wide range of Energy Meters including Energy Meters for Smart Grid and tailor-made metering solutions for the Indian and global markets. The company is also engaged in the business to generate power by using technologies in the domain of Wind, Bio-fuels and Solar Energy as fuels.
The current market capitalization stands at Rs 32.11 crore.The company has reported a standalone sales of Rs 4.78 crore and a Net Loss of Rs 1.49 crore for the quarter ended September 2013.
The company management includes Pranav Kumar Ranade - Chairman & Managing Director, Vikram Ranade - Executive Director, Prashant Ranade - Executive Director, Ajoy Kumar Ghosh - Independent Director.
The Registered office is at Office No. 14, Near Airtel Tower, G.T. Road, Sonepet, Haryana - 131027.

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